Malaysia’s new national car project is expected to roll out its first model before or by 2020, media was told at a press briefing on the project on October 4 at the Malaysian Industry-Government Group for High Technology (MIGHT) headquarters in Cyberjaya. The organisation, which is under the prime minister’s department, has been appointed to communicate the various facets of the project. It will also coordinate the project with various government ministries, agencies and the industry.

According to entrepreneur development minister Mohd Redzuan Md Yusof, the vehicle will come as a semi-autonomous car, was also planned to enter the global market and would cater to demand from young people.

“The prototype for this model is expected to be ready by early next year,” he said, adding that “we are now short-listing two to three partners to participate in this project, including Silterra Malaysia and Composites Technology Research Malaysia, and expect the selection to be concluded by year-end.”

The project will be fully funded by the private sector with the support of several government ministries and would not be financed by public money, read: taxes.

It also would use the latest technology.

“This new car will use 100-per cent disruptive technology instead of the conventional car manufacturing methods. It will revitalise the national automotive industry and help the parts and components industry that drives small and medium enterprises grow,” Yusof said.

The project is slated to promote growth in a number of areas, developing more than 500 new automotive suppliers and vendors as well as more than 100 new entrepreneurs as a result of its formation. It is also expected to result in the creation of a large number of jobs for Malaysians.

Malaysia’s new national car project is expected to roll out its first model before or by 2020, media was told at a press briefing on the project on October 4 at the Malaysian Industry-Government Group for High Technology (MIGHT) headquarters in Cyberjaya. The organisation, which is under the prime minister’s department, has been appointed to communicate the various facets of the project. It will also coordinate the project with various government ministries, agencies and the industry.

According to entrepreneur development minister Mohd Redzuan Md Yusof, the vehicle will come as a semi-autonomous car, was also planned to enter the global market and would cater to demand from young people.

“The prototype for this model is expected to be ready by early next year,” he said, adding that “we are now short-listing two to three partners to participate in this project, including Silterra Malaysia and Composites Technology Research Malaysia, and expect the selection to be concluded by year-end.”

The project will be fully funded by the private sector with the support of several government ministries and would not be financed by public money, read: taxes.

It also would use the latest technology.

“This new car will use 100-per cent disruptive technology instead of the conventional car manufacturing methods. It will revitalise the national automotive industry and help the parts and components industry that drives small and medium enterprises grow,” Yusof said.

The project is slated to promote growth in a number of areas, developing more than 500 new automotive suppliers and vendors as well as more than 100 new entrepreneurs as a result of its formation. It is also expected to result in the creation of a large number of jobs for Malaysians.